[Economy]

China Growth Hits 2025 Target Despite US Tariffs

by Yao Minji
January 19, 2026
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China's economic growth in the fourth quarter was 4.5 percent, the Bureau of Statistics reported. That brought all of 2025 to an annual rate of 5 percent, topping a value of 140.2 trillion yuan (US$20 trillion), and meeting Chinese government's target for the year.

Exports, despite a year of tariff disputes with the US, comprised about a third of the growth.

China Growth Hits 2025 Target Despite US Tariffs
Credit: Li Yi / China Biz Buzz
Caption: Electric vehicles are among the fastest growing both domestically and in terms of exports.

In a roundup of 2025 economic data, the bureau reported that retail sales rose 3.6 percent, while industrial production was up 5.9 percent and fixed-asset investment dropped 3.8 percent. The production of industrial robots, new energy vehicles and semiconductors noticeably rose 28%, 25.1% and 10.9%.

China Growth Hits 2025 Target Despite US Tariffs
Credit: Li Yi / China Biz Buzz
Caption: Robots take a centerstage from the very beginning of the year.

Per-capita disposable income, a measure of consumer spending power, rose 4.3 percent for the year. Consumer prices, released earlier this month, were flat from a year earlier.

"We must adopt more proactive and effective macro policies and continue to expand domestic demand," the statistics bureau said in a statement.


China Growth Hits 2025 Target Despite US Tariffs
Credit: China Biz Buzz
Caption: A breakdown of where Chinese people spent their money in 2025, according to data from the National Bureau of Statistics.
China Growth Hits 2025 Target Despite US Tariffs
Credit: Li Yi / China Biz Buzz
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